Home is the
foundation
FY2025 Annual Report
Habitat for Humanity is addressing the housing crisis because we know the difference that a safe, decent and affordable home can make. It’s a launchpad, a door to opportunity, the foundation for a brighter future.
In fiscal year 2025, we worked hard – and together – as we innovated to help people around the world build, improve and finance places to call home. With the help of partners, advocates and volunteers, we’re redefining what it means to build in communities all around the world — improving systems and policies, creating access to resources and expertise, and ensuring that more of us live in strong, vibrant communities.
That strength only occurs when we bring homeownership within reach. A better life starts with a home.
And home starts with you.
65 million
Since 1976, Habitat has helped more than 65 million people build or improve the place they call home.
3,020,797
In FY2025, Habitat helped 3,020,797 people build or improve the place they call home.
20,881,908
In FY2025, 20,881,908 people gained the potential to improve their housing conditions through our training (155,936) and advocacy (20,725,972).
827,607
827,607 volunteers helped build, advocate and raise awareness about the global need for shelter in the fiscal year.
Climate resilience at Tutajenga’s core
Tutajenga homes are built with climate-smart design at their core, equipped to withstand floods, cyclones and heat waves. The homes sit on raised foundations, protecting against flooding during heavy rains. Waterproofed flooring adds another layer of defense against moisture.
Passive cooling features such as cross-ventilation, shaded overhangs and reflective windows reduce heat and help keep indoor temperatures cool. Each home has an angled roof, which allows for efficient rainwater collection and is ideal for solar panels in sun-rich East Africa.
Just as important, Tutajenga homes use local timber instead of carbon-heavy materials like cement and steel, cutting emissions by 250% compared with traditional construction materials and processes. That makes every home not just more resilient, but better for the planet, too.
Building homes, building futures
We know home is the foundation for safety, health, education and opportunity. That’s why we’re working with innovators like Easy Housing to support housing solutions that are local, sustainable, scalable and — most importantly — centered on the needs of the families who will call them home.
Habitat Capital invests US$82.5 million in housing affordability
Habitat Capital supports our U.S. network’s efforts to increase housing stock and offer affordable mortgages, and thanks to our new U.S. Property Acquisition Fund, we’re able to bring the reality of affordable homeownership to even more families.
The US$82.5 million fund, established in fiscal year 2025, will boost affordable housing production in the U.S. by helping our affiliates gain access to the capital needed for land acquisition.
We project that this fund will increase affordable home production throughout the U.S. by an estimated 1,000 homes.
Habitat Capital raised money for the fund through the support of mission-aligned investors, including banks, foundations, family offices and community development financial institutions. The diversity of our investors underscores a shared commitment to addressing ongoing barriers to affordable homeownership and fostering equitable access to homeownership opportunities in the communities where it’s needed most.
“This financing means more shovels in the ground and marks a transformative step in our mission to expand access to affordable housing, providing flexible capital to empower nonprofit housing developers in navigating the challenging land-acquisition market.”
One of the first places to benefit from this financing is Wake County, North Carolina, where Habitat Wake County received a US$1.19 million loan from the U.S. Property Acquisition Fund to support the purchase of 4.5 acres of land.
“We’re excited about the future of this land and grateful that Habitat Capital is helping make this project possible,” says Patricia Burch, Habitat Wake County's CEO. The site will include 28 two-story townhomes and will be available to homebuyers making between 30% and 80% of the area’s median income.
Building affordable homes, removing barriers to homeownership and improving opportunities is work Habitat has done for decades. As the challenges and needs of the affiliate network have evolved, Habitat Capital’s U.S. Property Acquisition Fund was developed to provide more flexible financing to increase our U.S. network’s impact and help address the nation’s affordable housing deficit.
See Habitat Capital's impact by the numbers.
The Bauers love volunteering with their local Habitat to help families realize their dream of homeownership.
The Bauers love volunteering with their local Habitat to help families realize their dream of homeownership.
George and Carol Bauer help create affordable housing finance through the MicroBuild® Initiative
Around the world, low-income families often improve their homes incrementally, sometimes spending years saving up for repairs or new construction. That’s why we launched the MicroBuild Fund 1, an innovative approach to providing small-scale building loans that help address adequate housing. Working with, and through, microfinance institutions means Habitat can reach families wherever they are in their home-improvement efforts.
With donor contributions and US$100 million in investment capital, MicroBuild 1 reached more than 236,000 households and 62 financial institution partners. Those financial institutions have since attracted US$1.26 billion in new capital to grow their housing portfolios and reach additional households. This impact clearly demonstrates that affordable housing is a reliable and effective investment category.
Now Habitat is poised to grow the MicroBuild Initiative – and its potential impact – with the launch of the MicroBuild Fund 2. Philanthropic backing from longtime Habitat supporters like George and Carol Bauer, founders of The Bauer Foundation, are crucial in this effort.
“In many cases, financing is what limits the availability of affordable housing. This leverage, using borrowed funds from donors, allows Habitat to tap into a much larger pool of capital,” says George, who started his own investment banking firm after retiring from more than three decades as an IBM executive.
“We have long been devotees of microlending, especially in developing countries where smaller loans can make a big difference in a family's future.”
In fiscal year 2025, George and Carol gave a US$5 million philanthropic gift to help us break down barriers to housing financing through the MicroBuild Initiative. “I’m excited about the work Habitat is doing, and I applaud you all for continuing to look ahead and advance,” Carol says.
Part of the MicroBuild Initiative’s advanced approach is the technical assistance it offers. Microfinance institutions receive training from Habitat’s experts on how to design and deliver optimized housing loans to low-income borrowers, such as recommending energy efficiencies that lower a family’s housing costs.
Building on the success of MicroBuild 1, we’re committed to fostering even greater inclusivity in financial markets with MicroBuild 2.
Learn more about the impact of MicroBuild 1.
We’re grateful for George and Carol’s support of the MicroBuild Initiative, as well as donors J. Ronald Terwilliger, Edwardson Family Foundation and Bill Yoh, who each donated US$1 million, and The Dotson Family Fund, who donated US$2 million.
We’re dedicated to the MicroBuild Initiative and helping low-income families improve their housing. We know that adequate shelter provides a strong foundation for better health, better educational outcomes, financial security and so much more. With the support of our donors, we are working to revolutionize financial markets so that more families have access to affordable housing finance.
Habitat helps repair homes throughout the U.S.
As the U.S. housing stock ages, many homes need critical repairs to ensure safety, energy efficiency and accessibility. But making significant repairs or upgrades can be cost-prohibitive for low- to moderate-income households.
Thanks to our no-interest loans and grants, homeowners can more affordably improve their homes — and their health, security and stability.
We partner directly with households to respond to their unique needs — an approach that allows us to have an important impact, especially in communities that have historically been marginalized or denied adequate investment.
This past fiscal year, Habitat completed 12,370 repairs in the U.S., serving more than 24,740 people.
Home upgrades empower women and strengthen communities in Argentina
Health and housing are inextricably linked: A safe, secure home is the foundation for physical and mental well-being. Yet more than 1.1 billion people around the world live in slums or informal settlements.
Women are overrepresented in these communities, often facing greater vulnerabilities due to prevailing beliefs, practices and policies that limit their access to education, economic opportunities, land rights and basic services.
Healthier homes = healthier lives
Home should be a place of rest and safety, but for María Alejandra’s family, their home in Misiones, Argentina, put their health at risk. Like millions living in informal settlements around the world, the family didn’t have an adequate bathroom.
“There are many girls who don’t have the benefit of having a bathroom, of privacy. Of course, this has a huge impact on women.”
To improve her four daughters’ quality of life, María Alejandra partnered with Habitat Argentina to make critical upgrades to their home. With access to training and the right tools, María Alejandra was able to install a full bathroom system herself.
Healthier homes = stronger communities
Our 2025 research report shows that improving housing in informal settlements — even in small ways — can significantly promote positive health outcomes for women and entire communities.
That’s why, through Home Equals, our global advocacy campaign, we’re committed to improving policies to ensure adequate housing in informal settlements. With fewer barriers in their way, many more families like María Alejandra’s can improve their homes. And when homes are safer and equipped to meet the needs of the families within, entire communities benefit.
The Employee Foundation of the VKR Group supports housing rehabilitation in Poland
To help increase the supply of adequate homes worldwide, Habitat converts underused buildings and rehabilitates empty apartments into livable, affordable housing. In fiscal year 2025, the Employee Foundation of the VKR Group supported our work in Poland, which included the renovation of a vacant tenement building in Bytom into four apartments.
Once a thriving center of coal mining and heavy industry, Bytom has undergone decades of economic decline. The city has a high rate of neglected and vacant buildings. These abandoned or underused spaces require significant investment to become habitable again. At the same time, many residents struggle to access decent housing.
“We support Habitat because we know there are a lot of older buildings that are not being put to use. It’s a waste. Instead of building new homes and creating new CO2 emissions, Habitat renovates existing housing stock into homes where people can live affordably and healthy.”
The Employee Foundation’s support of Habitat’s work in Poland is rooted in their desire to contribute to society, Lotte says – especially in the areas where employees live. The foundation serves more than 17,000 employees in 38 countries for Danish holding and investment company VKR Holding A/S, which owns roof window and vertical window manufacturers.
The Employee Foundation donated more than EU€364,000 to Habitat in fiscal year 2025. Their funding helped support our building conversion and rehabilitation work in Poland as well as our advocacy efforts, including our participation in the consultation process for the European Affordable Housing Plan. The plan outlines how the European Union can jointly address the affordable housing crisis across the continent.
Twenty VKR Group employees also helped construct four homes in Romania during a Global Village build in fiscal year 2025, and the Employee Foundation committed to supporting another build in Poland this fall.
Our partnership with the Employee Foundation supports a creative solution that breathes life into existing buildings, resulting in more affordable homes — and doing so sustainably. New construction cannot solve the housing deficit alone. By innovating together, we help more families live safely and affordably.
Habitat takes the stage at SXSW 2025 to advance Black homeownership
In March, Habitat CEO Jonathan Reckford joined a panel of housing and policy experts at the South by Southwest Expo in Austin, Texas, to discuss the ongoing struggle for equal access to housing in the U.S. The discussion highlighted the roots of the racial homeownership gap and real pathways forward.
Habitat also brought our Advancing Black Homeownership exhibit to this national stage, inviting policymakers, advocates and everyday attendees to explore related history, data and personal stories. This stop at SXSW was one of 14 on the exhibit’s national tour in 2025, reaching more than 35,000 people across the country.
By bringing our voice and expertise to high-profile stages like SXSW, we’re driving equitable housing access to the forefront of national conversations.
Habitat Virginia helps unlock homeownership for first-generation homebuyers
For many, owning a home is the key to building stability and generational wealth. But with skyrocketing housing prices, millions of Americans are locked out of this dream. That’s why Habitat advocates for public policies that expand pathways to affordable homeownership.
142
142 successful policy efforts supported
1.4M
1,449,321 people gained improved access to affordable homes
$6.65B
US$6.65 billion in government funds unlocked for home affordability at the state and local level
During the past fiscal year, the U.S. Habitat network advocated for 142 successful policy efforts, helping 1,449,321 people gain improved access to affordable homes and unlocking more than US$6.65 billion in government funds for home affordability at the local and state levels. Better laws and policies break down barriers by increasing the supply of homes for low- and moderate-income homebuyers, expanding access to homeownership for people of all backgrounds, and keeping homes affordable and livable long term.
Habitat Virginia and affiliates across the state advocated through multiple legislative sessions to secure dedicated government funding that supports down payment assistance for first-time homebuyers. Although a US$5 million appropriation was included in the 2024 state budget after a successful campaign by Habitat, the Virginia Housing Alliance and other housing advocates, the funding was unexpectedly rescinded.
We weren’t ready to give up. And in the 2025 legislative session, we pushed to create a new grant program that would work through Habitat and other organizations to provide down payment assistance for first-time homebuyers.
Habitat launched an encore advocacy campaign, highlighting down payment assistance by speaking with lawmakers at the Virginia State Capitol during Housing Advocacy Day. We campaigned on social media, sent action alert emails, made targeted phone calls, and held briefings and meetings with state legislators, urging them to include the down payment assistance funding in the budget.
This time, we won. The down payment assistance funding was successfully adopted by the Legislature and signed by the governor, allocating US$5 million that would help homebuyers who might otherwise be excluded from the homebuying process.
Thanks to the hard work of advocates and voices from communities across the state, first-time homebuyers earning no more than 60% of the area’s median income are eligible to receive down payment assistance. This means that those less likely to have enough savings to afford a traditional down payment will now be more likely to purchase a home, which helps reduce the racial wealth divide and build generational wealth.
From city halls to statehouses, our U.S. advocates are driving real change at the local and state levels and on a national scale. Whether we’re reforming zoning laws, unlocking funding or shaping policies, together we can make homeownership more attainable for all.
Investing in young people and innovation in Asia-Pacific
Across the Asia-Pacific region, young changemakers are stepping up with practical, community-driven ideas to address the housing crisis. Through our annual Habitat Youth Solutions grants, we’re helping them bring those ideas to life.
In 2025, we awarded a total of US$40,000 in grants to 10 youth-led projects tackling urgent local housing challenges.
Grants were funded by Habitat’s Asia-Pacific Development Council, a voluntary group of influential business leaders, philanthropists and social changemakers who champion our mission by advocating for housing solutions and mobilizing cross-sector collaboration across the region.
Winning grant ideas included solar-reflective paint to reduce indoor heat, low-cost portable water purifiers and floating homes for flood-prone villages. Winners receive mentorship from Habitat’s network of experts as they strengthen skills, connect with resources and implement their solutions in communities.
Grant recipients have gone on to promote the cause of housing at events like the Economic and Social Commission for Asia and the Pacific and UN-HABITAT's World Urban Forum. Their efforts are an example of how local action can drive global conversations and are just one example of how Habitat creates meaningful impact through youth engagement.
Ford Philanthropy helps build resilience in housing
In 2024, Ford Philanthropy helped aid Habitat’s response to hurricanes Helene and Milton and saw firsthand how Habitat is uniquely positioned to support housing before and after a disaster.
We are honored that Ford Motor Company selected us to participate in Ford Building Together alongside four other nonprofits working to build more resilient communities.
“Habitat’s disaster response work couldn’t be more relevant when we think about all of the climate disasters happening around the world. When we saw how powerful we could be by bringing all of Ford to bear on an issue – through our products and expertise, dealer network and employee volunteers – we knew we wanted to partner with Habitat to support disaster resilience in housing.”
In fiscal year 2025, Ford Philanthropy and Ford Motor Company donated US$1.84 million in cash and in-kind gifts to Habitat. The funding from both Ford Philanthropy and Ford Motor Company includes long-term investments in disaster resilience across our network.
Here are a few highlights of our exciting year in partnership with Ford Philanthropy:
- Habitat was featured with three other nonprofits in a Ford Building Together commercial that premiered during the NBA Finals.
- At the Ford Building Together launch event, Ford employees helped strengthen community resiliency, joining together with Habitat Detroit to construct the framework for two future homes. Actor Bryan Cranston joined as a special guest volunteer. “Our employees frankly love to volunteer with Habitat,” Mary says. “You really get a sense of the work you’re doing in that very moment because you’re helping to build someone’s future home.”
- Ford dealerships connected with their local Habitats to help promote 15 Habitat ReStore donation drives across the U.S. Local Ford dealerships have a long history of supporting Habitat, and during this activation they helped get the word out to their communities to donate their gently used tools and home furnishings to Habitat ReStore.
- Habitat received a shoutout on The Tonight Show Starring Jimmy Fallon. During the segment, Habitat received a new Ford vehicle to support our ongoing disaster response work. Ford also donated a new vehicle to a longtime Habitat NYC and Westchester County volunteer who was in the audience.
- Ford Philanthropy committed to supporting Habitat's 2025 Jimmy & Rosalynn Carter Work Project in Austin, Texas.
- Ford donated a new Ford vehicle and US$25,000 to Habitat Metro Louisville during an event at their Louisville, Kentucky, truck plant to support local efforts to expand affordable housing.
As one of the only nonprofits responding to disasters with affordable and safe housing as its core mission, our partnership with Ford Philanthropy enables us to help even more communities withstand extreme weather impacts. With Ford Philanthropy’s support, we are better positioned to address the critical and timely work of long-term housing resilience and recovery.
Driving change: Donated cars build affordable housing
Cars for Homes raised US$25 million to help power affordable housing across the U.S. in fiscal year 2025.
Cars for Homes dollars give Habitat the flexibility to invest where it matters most, whether that’s supporting programs and urgent local needs or staffing and operations.
For Habitat of Island County in Washington state, these funds are already making a big difference in the rural community.
“Cars for Homes gives us that bit of extra funding that we can use as we’re growing our resource development department,” says Liz Chaffin, chief development officer. “Not only does it help us develop financial resources, but it helps us build awareness and advocacy in our community, sharing and spreading the mission.”
Global Village: Volunteers powering housing solutions worldwide
Global Village is intentional about building capacity and resources in support of local communities to address housing challenges. Take Doc in Romania, for example. He has become one of Habitat’s most steadfast construction workers, helping on 11 build sites across the country and building 24 homes since 2017. He says that he feels fortunate to work alongside Global Village volunteers, members of the community and families to help transform lives in his home country.
“I get to see the houses go from foundations to rooftops. There’s no greater satisfaction than seeing something rise from your own hands. And when the house is finished, I know I played a direct role in building it!”
“A safe, clean home can give Erika the childhood she deserves.”
Now, as she runs through their newly constructed home, Erika’s glee is contagious. The joint efforts of her family, her community and Habitat volunteers have ensured that she finally has a safe, healthy and comfortable place to grow.
Global Village prioritizes local relevance, deeper volunteer engagement and community agency. Since our relaunch, we’ve mobilized 2,803 volunteers who dedicated 91,353 service hours and raised US$2,003,178 to support housing initiatives across five continents, transforming lives and communities through their service and generosity.
Global Village efforts directly funded home builds like the one in Romania but also critical projects like replacing unsafe dirt floors with concrete in the Dominican Republic, constructing climate-resilient bamboo homes in Nepal, building smokeless stoves and latrines in Guatemala, improving sanitation in Fiji, and helping vulnerable households build safe shelter in Malawi.
It’s all about the power of collective action. Every hour served and every dollar donated helps ensure that families — regardless of geography or circumstance — have access to safe, decent and affordable housing. Together, we are building hope, resilience and stronger communities.
Increasing our network capacity and collaborating to transform housing access around the world
Habitat’s Tithe program creates connections inside our network to bolster support and help more people build or improve the place they call home. Habitat’s U.S. affiliates and affiliate support organizations tithe because they intimately understand that while our challenges are different based on where we live, we all face the global housing crisis.
Affiliates and affiliate support organizations are expected to tithe 10% of their unrestricted revenue each fiscal year to help build decent, affordable housing globally. Together, we have tithed more than US$385 million since 1979. Habitat country programs around the world also participate in tithing.
In fiscal year 2025, the U.S. network tithed more than US$14.7 million, supporting work in 39 countries.
Tithe funds support housing and secure tenure in Vietnam
During the rainy season, flooding is common in the Mekong Delta, but as the climate changes, rainfall totals have steadily increased. Families susceptible to flooding across the region may relocate to less high-risk areas, known as resettlement sites. Thanks in part to Tithe funding and as part of Habitat’s global Home Equals campaign, Habitat Vietnam has built 30 climate-resilient homes in An Giang province and partnered with families in Dong Thap province to renovate 40 homes, both resettlement areas. In Dong Thap, we consulted with local authorities to analyze policy gaps related to the land rights of resettled families and developed a plan that will help families secure their land tenure by obtaining documented ownership of their homes.
Our Home Equals campaign is dedicated to improving policies globally so that the more than 1.1 billion people living in slums and in informal settlements have equitable access to adequate housing. Our Tithe program is designed to collaboratively share funding to make an array of housing solutions possible worldwide, particularly for vulnerable populations and communities hit hardest by disaster. This success in Vietnam — creating opportunities for health, safety and prosperity — is just one of the many places our network comes together to make a meaningful difference.
De resettled in Vietnam’s An Giang province to escape flooding in the Mekong Delta region.
De resettled in Vietnam’s An Giang province to escape flooding in the Mekong Delta region.
After building her affordable, climate-resilient home with Habitat, De has greater stability and peace of mind.
After building her affordable, climate-resilient home with Habitat, De has greater stability and peace of mind.
Top Tithe amounts in FY2025
US$500,000–$999,999
- Habitat for Humanity of the Charlotte Region
US$250,000–$499,999
- Greater Des Moines Habitat for Humanity
- Habitat for Humanity of Collier County
- Habitat for Humanity of Metro Denver
- Habitat for Humanity Portland Region
- Habitat for Humanity Tampa Bay Gulfside
- Houston Habitat for Humanity
- Milwaukee Habitat for Humanity
- Twin Cities Habitat for Humanity
US$100,000–$249,999
- Asheville Area Habitat for Humanity
- Austin Habitat for Humanity
- Dallas Area Habitat for Humanity
- DuPage and Chicago South Suburbs Habitat for Humanity
- Evergreen Habitat for Humanity
- Greater Indy Habitat for Humanity
- Greater Rochester Habitat for Humanity
- Habitat for Humanity Central Arizona
- Habitat for Humanity Chicago
- Habitat for Humanity East Bay/Silicon Valley
- Habitat for Humanity Greater San Francisco
- Habitat for Humanity of Cape Cod
- Habitat for Humanity of Greater Cincinnati
US$100,000–$249,999 continued
- Habitat for Humanity of Greater Los Angeles
- Habitat for Humanity of Greater Nashville
- Habitat for Humanity of Lee and Hendry Counties
- Habitat for Humanity of Monroe County
- Habitat for Humanity of Omaha
- Habitat for Humanity of Orange County, North Carolina
- Habitat for Humanity of Wake County
- Habitat for Humanity Seattle-King & Kittitas Counties
- Habitat for Humanity Tucson
- Indian River Habitat for Humanity
- Pikes Peak Habitat for Humanity
- Sussex County Habitat for Humanity
Carter Work Project increases affordable housing stock in St. Paul, Minnesota
During the 2024 Jimmy & Rosalynn Carter Work Project in St. Paul, Minnesota, 2,100 volunteers helped build 30 homes in The Heights, a model for sustainable, resilient, affordable housing, with plans to be an all-electric community. Overall, Twin Cities Habitat will add 147 housing units to the neighborhood to expand the availability of affordable housing in St. Paul’s East Side.
The sustainable homes feature solar panels or shingles, air-source heat pumps, water conservation measures, and more — all of which will help homeowners save on energy costs. The Heights neighborhood is working toward LEED Platinum Certification, the highest rating given to highly efficient and cost-saving buildings.
Coming together to build more affordable homes and to do it with sustainability and resilience in mind — that’s how Habitat helps create a brighter future firmly grounded in the transformational power of home.
Impact
A home is more than a foundation with four walls and a roof. It’s a foundation for meeting so many needs in life. When we build a safe, affordable home, we help people build healthier lives and make communities stronger.
We build security, accessibility and sustainability – and together, we can build a world where everyone has a decent place to live.
Since Habitat’s founding in 1976, we’ve helped more than 65 million people build, improve or finance their homes. Yet around the world, 1 in 3 people still lack the benefits of a decent home. That’s why our mission – to build homes, communities and hope – is more important than ever.
Together, we are making a difference. Habitat is using innovative construction and financial solutions to build more and better; helping disaster-affected communities recover long-term; and continuously working to increase equitable access to affordable housing.
This report celebrates our global impact, which would not be possible without you. Thank you for your continued support, and may God guide us as we put His love into action.
Mary Cameron
Chair of the Board of Directors
Jonathan T. M. Reckford
Chief Executive Officer
Individuals served
Habitat works around the world through our national offices and in partnership with other organizations in certain countries.
Learn more about where we work on habitat.org.
United States and Canada
|
Individuals |
|
|---|---|
|
New and rehab construction |
15,952 |
|
Repairs |
24,740 |
|
Total |
40,692 |
Latin America and the Caribbean
|
Individuals |
|
|---|---|
|
Civil society facilitation |
5,005 |
|
Incremental construction |
57,720 |
|
Market development |
304,150 |
|
New and rehab construction |
18,575 |
|
Professional services |
23,400 |
|
Repairs |
53,920 |
|
Total |
462,770 |
Europe and Middle East
|
Individuals |
|
|---|---|
|
Civil society facilitation |
55 |
|
Incremental construction |
47,185 |
|
Market development |
485,515 |
|
New and rehab construction |
540 |
|
Professional services |
7,425 |
|
Repairs |
95,980 |
|
Total |
636,700 |
Africa
|
Individuals |
|
|---|---|
|
Civil society facilitation |
2,200 |
|
Incremental construction |
97,520 |
|
Market development |
508,100 |
|
New and rehab construction |
2,155 |
|
Professional services |
12,625 |
|
Repairs |
460 |
|
Total |
623,060 |
Asia and the Pacific
|
Individuals |
|
|---|---|
|
Civil society facilitation |
5,730 |
|
Incremental construction |
63,020 |
|
Market development |
1,146,465 |
|
New and rehab construction |
8,665 |
|
Professional services |
6,535 |
|
Repairs |
27,160 |
|
Total |
1,257,575 |
Habitat Capital's impact in FY2025
Habitat Capital’s mission is to provide sources of capital and liquidity to local Habitat affiliates and mission-aligned organizations and to provide financial services and tools that create homeownership opportunities and housing solutions for under-resourced people.
In fiscal year 2025, Habitat Capital provided 42 loans totaling more than US$54.5 million to 41 Habitat affiliates in 23 states.
Read about Habitat Capital's work in FY2025.
Balance sheet
in thousands of dollars
|
Item |
FY2025 |
FY2024 |
|---|---|---|
|
Total assets |
$89,127 |
$77,898 |
|
Total liabilities |
$60,794 |
$55,025 |
|
Total net assets |
$28,334 |
$22,874 |
Statement of activities
in thousands of dollars
|
Item |
FY2025 |
FY2024 |
|---|---|---|
|
Total revenue |
$15,082 |
$11,493 |
|
Total expenses |
$9,622 |
$9,907 |
|
Total change in net assets |
$5,460 |
$1,586 |
Loan volume growth
|
Year |
Loan amount closed |
Number of loans closed |
|---|---|---|
|
2020 |
$3.6 million |
4 |
|
2021 |
$8.8 million |
14 |
|
2022 |
$7.9 million |
7 |
|
2023 |
$11.9 million |
19 |
|
2024 |
$30.9 million |
33 |
|
2025 |
$31.5 million |
32 |
MicroBuild® Fund 1's impact in FY2025
The MicroBuild Fund 1, part of our MicroBuild Initiative, is Habitat’s innovative approach to providing small-scale construction loans to help address adequate housing for families in emerging economies.
These families often lack the proof of income and credit history necessary to secure traditional mortgages or bank loans. MicroBuild 1 provided capital and technical support to enable microfinance institutions to disburse housing-focused loans to these families.
MicroBuild Fund 1 continued its scheduled wind-down in late FY2025, beginning the fiscal year with open investments in 18 financial institutions and concluding the fiscal year with one open investment. To date, Habitat and our fund partners have disbursed US$230 million through MicroBuild 1.
Those funds were invested in 62 institutions in 33 countries around the world, helping 1.18 million individuals access improved housing as of June 2025.
Most of the fund's investees have now embraced housing as a critical part of their portfolios and have mobilized a cumulative US$1.26 billion beyond MicroBuild 1’s investments to continue to grow their housing portfolios.
Read about the work MicroBuild Fund 1 supported in FY2025.
Loan disbursement
MicroBuild 1’s loans were disbursed in five regions:
|
Region |
% |
|---|---|
|
Latin America and the Caribbean |
40% |
|
Eastern Europe and the Caucasus |
25% |
|
Asia and the Pacific |
19% |
|
Central Asia |
9% |
|
Africa and Middle East |
7% |
Loan usage type
Clients report using the funds in the following categories:
|
Category |
% |
|---|---|
|
Home improvement |
48.5% |
|
Small construction |
29.6% |
|
Full construction |
14% |
|
Land purchases |
7.9% |
Financial statements
Habitat for Humanity International, FY2025
Habitat for Humanity International’s auditors have expressed an unqualified opinion on our June 30, 2025, consolidated financial statements. Those financial statements include associated notes that are essential to understanding the information presented here. The full set of statements and notes is available for download.
All figures presented are in thousands of dollars.
FY2025 source of funds
|
Revenue type |
Amount |
% |
|---|---|---|
|
Contributions and grants |
$239,383 |
62% |
|
Other income |
$68,150 |
18% |
|
Donated products and services |
$51,792 |
14% |
|
Government grants |
$23,780 |
6% |
|
Total revenue |
$383,105 |
FY2025 use of funds
|
Expense type |
Amount |
% |
|---|---|---|
|
Program - U.S. affiliates |
$184,691 |
49% |
|
Program - National organizations |
$75,514 |
20% |
|
Program - Public awareness and advocacy |
$24,292 |
6% |
|
Fundraising |
$65,603 |
17% |
|
Management and general |
$27,378 |
7% |
|
Total expenses |
$377,478 |
Consolidated financial statements
FY2025 financial assets
|
Type |
FY2025 |
FY2024 |
$ change |
% change |
|---|---|---|---|---|
|
Cash and cash equivalents |
$303,075 |
$117,585 |
$185,490 |
158% |
|
Investments |
$254,195 |
$260,067 |
$(5,872) |
-2% |
|
Receivables |
$155,917 |
$173,963 |
$(18,046) |
-10% |
|
Other assets |
$30,072 |
$28,620 |
$1,452 |
5% |
|
Total assets |
$743,259 |
$580,235 |
$163,024 |
28% |
FY2025 liabilities and net assets
|
Type |
FY2025 |
FY2024 |
$ change |
% change |
|---|---|---|---|---|
|
Liabilities |
||||
|
Total liabilities |
$296,663 |
$138,645 |
$158,018 |
114% |
|
Net assets |
||||
|
Unrestricted |
$249,213 |
$234,878 |
$14,335 |
6% |
|
Restricted |
$197,383 |
$206,712 |
$(9,329) |
-5% |
|
Total net assets |
$446,596 |
$441,590 |
$5,006 |
1% |
|
Total assets |
$743,259 |
$580,235 |
$163,024 |
28% |
FY2025 revenues and gains
|
Revenue type |
FY2025 |
FY2024 |
$ change |
% change |
|---|---|---|---|---|
|
Contributions |
$239,383 |
$234,577 |
$4,806 |
2% |
|
Donated products and services |
$51,792 |
$51,733 |
$59 |
0% |
|
Government grants |
$23,780 |
$28,253 |
$(4,473) |
-16% |
|
Other income, net |
$68,150 |
$47,531 |
$20,619 |
43% |
|
Total revenues and gains |
$383,105 |
$362,094 |
$21,011 |
6% |
|
Satisfaction of program restrictions |
- |
- |
- |
0% |
|
Total revenues and gains |
$383,105 |
$362,094 |
$21,011 |
6% |
FY2025 expenses
|
Expense type |
FY2025 |
FY2024 |
$ change |
% change |
|---|---|---|---|---|
|
Program services |
||||
|
U.S. affiliates |
$184,691 |
$162,073 |
$22,618 |
14% |
|
National organizations |
$75,514 |
$84,816 |
$(9,302) |
-11% |
|
Public awareness and education |
$24,292 |
$25,855 |
$(1,563) |
-6% |
|
Total program services |
$284,497 |
$272,744 |
$11,753 |
4% |
|
Supporting services |
||||
|
Fundraising |
$65,603 |
$67,870 |
$(2,267) |
-3% |
|
Management and general |
$27,378 |
$24,625 |
$2,753 |
11% |
|
Total supporting services |
$92,981 |
$92,495 |
$486 |
1% |
|
Total expenses |
$377,478 |
$365,239 |
$12,239 |
3% |
|
Losses (recoveries) on contributions receivable |
$621 |
$(894) |
$1,515 |
169% |
|
Total expenses and losses (recoveries) on contributions receivable |
$378,099 |
$364,345 |
$13,754 |
4% |
|
Change in net assets |
$5,006 |
$(2,251) |
$7,257 |
322% |
Combined finances
The audited financial statements of Habitat for Humanity International reflect only part of Habitat’s work around the world. As autonomous nonprofit organizations, Habitat for Humanity affiliates and national organizations keep their own records of revenues and expenditures. To better demonstrate the magnitude of the movement, Habitat for Humanity International annually compiles combined (unaudited) financial amounts for Habitat for Humanity in total.
For the fiscal year that ended June 30, 2024, we estimated the total impact of the entire Habitat for Humanity mission was as follows:
$3.1 billion total revenue
$4.7 billion total net assets
FY2024 source of funds
|
Revenue type |
Amount |
% |
|---|---|---|
|
Contributions and grants |
$1.53 billion |
49% |
|
Sales of homes |
$756 million |
24% |
|
Donated products and services |
$630 million |
20% |
|
Other income |
$215 million |
7% |
FY2024 use of funds
|
Expense type |
Amount |
% |
|---|---|---|
|
Program |
$2.23 billion |
83% |
|
Fundraising |
$201 million |
7% |
|
Management and general |
$272 million |
10% |
FY2025 donors and supporters
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